The investigation did not reveal evidence of an agreement or understanding that the Lakers would sign or acquire Mr. George," the statement said.

It's the largest fine for tampering in the NBA's history. The Joe Smith-Minnesota Timberwolves saga was considered salary cap circumvention and included direct evidence of an undisclosed written agreement between a team and a player.

George, who is a free agent following this season, made his intentions clear earlier this summer after he informed the Indiana Pacers he wouldn't be re-signing with them. They eventually dealt him to the Oklahoma City Thunder for Victor Oladipo and Domantas Sabonis. The NBA initiated the investigation at the behest of the Pacers.

The independent law firm of Wachtell, Lipton, Rosen & Katz spent two months investigating e-mails and phone records to ultimately determine the penalty.